Enigmaa Ltd

Enigmaa Ltd from London UK: a small holding company with an active status, was founded seven years ago. It employs five people and holds £870,974 in assets. The company has five directors and one owner, and regularly imports miscellaneous food products—four months worth, with the latest operation occurring in October 2024.

The company operates in the advertising agencies industries and is described as a "holding company." Its website, enigmanet.co.uk, showcases a technology firm specializing in advanced networking solutions. They offer products like Enigma Net APN, APX, and AND SDWAN, alongside services including cloud storage, large file transfer, and failover solutions. The site emphasizes a "zero-trust accelerated private network" that enhances privacy, speed, stability, and security—all while using existing connections. It seems they're targeting businesses facing internet connectivity challenges, promoting their patented software and AI-driven traffic management.

Financially, Enigmaa Ltd’s recent report paints a mixed picture. While current assets decreased by 19% to £870,000, trade debtors increased significantly by 12%, suggesting a possible shift in payment terms. Equity, however, took a major hit, plummeting 440% to -£230,000—a substantial loss. Bank borrowings also increased, and cash reserves fell by 27%. Creditors, however, did increase significantly by 1100%, which could be a sign of financial strain. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity raises concerns. The report was unaudited, and no auditor is mentioned, relying on director-reported data.

Overall, Enigmaa Ltd appears to be navigating a challenging financial period, despite its innovative technology offerings and active import operations.

Registered in England/Wales under the registration number 11300413, with a registered address at EC2Y 5EA, England, London, C/O Birketts Llp, One London Wall.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.